Qatar Re granted Singapore license

singapore-cityscape

Qatar Re has been granted a license to operate in Singapore.

The Bermuda based reinsurer previously operated a representative office in Singapore and has now been been granted a license by the Monetary Authority of Singapore to operate in property and casualty

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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